Turkey: Daily National Turkey Market-at-a-Glance
NW_PY044
DES MOINES, IA Wed., Aug. 12, 2020 USDA Market News
TURKEY: Daily National Turkey Market-At-A-Glance.
DOMESTIC MARKET HIGHLIGHTS
The market on fresh and frozen 8-16 lb. hens and 16-24 lb. toms is steady with a
steady to firm undertone. November fresh demand moderate to good. Frozen demand light
to moderate, mostly light. Fresh offerings light to moderate. Frozen processor
offerings of Grade A 8-16 lb. hens and 16-24 lb. toms light at best. Frozen 2020
Grade A basted equivalent processor offering prices on a national basis for 8-16 lb.
hens are 108.00-115.00 cents FOB and 16-24 lb. toms 108.00-114.00 cents FOB for
current deliveries. Trading slow on frozen basted equivalent 8-16 lb. hens 111 cents
FOB for current shipments.
The market on fresh tom breast meat and destrapped tenderloins is steady, frozen tom
breast meat steady to instances weak, frozen destrapped tenderloins and scapula
steady to weak, balance of fresh and frozen white trims steady. Fresh tom breast meat
demand moderate to instances good, balance of fresh white meat and trims light to
moderate. Frozen demand slow. Fresh tom breast meat offerings short of needs to
moderate, balance of fresh mostly moderate. Frozen offerings light to heavy, mostly
moderate. The consumer sized 4-8 lb. breast market is steady to firm. Demand light.
Offerings short of needs. The market on institutional sized bone-in breasts is
steady. Demand light. Offerings mostly moderate. The market on tom bulk parts is
steady to weak, mostly steady. The tails market is steady to firm. Demand light to
moderate. Tom bulk parts offerings uneven, mostly moderate. Tail offerings light at
best. The hen bulk parts markets are steady to firm, mostly steady. Demand light to
moderate. Hen bulk parts offerings light at best. The thigh meat market is steady
while bone-in thighs are steady to weak. Demand light to moderate. Thigh meat
offerings light while bone-in thighs are moderate to moderately heavy. The
mechanically separated turkey (MST) market is steady. Demand moderate to good.
Offerings light to moderate. Trading slow.
EXPORT MARKET HIGHLIGHTS
Trading slow to moderate with activity also reported on fresh MST. The tails market
is steady to firm, tom drums and 2-joint wings mostly steady with strength varying by
export destination, tom full-cut wings steady with a steady to weak undertone,
balance of items generally steady. Demand light to moderate. Offerings mixed, mostly
moderate.
Source: USDA Livestock, Poultry, & Grain Market News
Des Moines, IA 515.284.4460 desm.lpgmn@ams.usda.gov
http://www.ams.usda.gov/market-news/livestock-poultry-grain
Prepared: 12-Aug-20 01:38 C GM
